EPAM Systems has made significant strides in various aspects ranging from quarterly earnings to strategic partnerships and expansion initiatives. The company anticipates strong growth and has raised its full year revenue outlook after reporting results for Q3 and Q4 2024 as well as Q1 2025, albeit with a decline in net income.
EPAM has been recognized as a top IT service vendor in multiple regions, including the UK, Ireland, the Netherlands, the Nordics, and Mexico. The company has also been noted for its excellence in IT services and consulting by Newsweek.
EPAM has secured a multi-year deal with the States of Guernsey and expanded collaboration with Google Cloud. Furthermore, the company launched DIAL 3.0, an evolution of Open-Source GenAI Enterprise Platform, and strengthened its presence in India with strategic hiring. However, the company's stock has had its share of challenges, with reports indicating that it's underperforming the technology sector and the Dow. Notwithstanding, analysts advise against hastily discarding the stock given its strong financial prospects, while EPAM itself plans to reignite growth through various strategic measures.
Epam Systems EPAM News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Wed, 23 Jul 2025 11:23:11 GMT -
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- Information 7
- Rumor 2
